Start with 1000$. Increase by 3% every day. After one year 2 213 314$
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Fed rate hike expected next week, three hikes expected in 2018: Reuters poll
The U.S. Federal Reserve is almost certain to raise interest rates later this month, according to a Reuters poll of economists, a majority of whom now expect three more rate rises next year compared with two when surveyed just weeks ago. The results, from a survey taken just before the U.S. Senate voted to pass tax cuts that are expected to add about $1.4 trillion to the national debt over the next decade, show economists were already becoming more convinced that rates will need to go even higher. While about 80 percent of economists surveyed in October said such tax cuts were not necessary, the passage of the bill, ... (full story)
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